Values & Culture

Paul Varkey

21st November, 2014

© 2011 Risk Management Solutions, Inc.

Having a great culture

is foundational to

being a great company

Why talk about values & culture?

© 2011 Risk Management Solutions, Inc.

Having a great culture

is foundational to

being a great company

Culture consists of shared values :

actual and aspirational

Why talk about values & culture?

© 2011 Risk Management Solutions, Inc.

We are a company engaged in

a convivial and passionate pursuit

of excellence,

for our people,

and across our products

and processes

Core Value Statement

© 2011 Risk Management Solutions, Inc.

Products

© 2011 Risk Management Solutions, Inc.

Our products solve problems

Products

© 2011 Risk Management Solutions, Inc.

Our products solve problems that are :

Hard

i.e. technically deep,

interdisciplinary and

require continuous technological innovation

Products

© 2011 Risk Management Solutions, Inc.

Our products solve problems that are :

Meaningful

i.e. make the world a better place

Products

© 2011 Risk Management Solutions, Inc.

Our products solve problems that are :

Profitable

i.e. valuable to the market

Products

© 2011 Risk Management Solutions, Inc.

People

© 2011 Risk Management Solutions, Inc.

Are fully aware of and

are passionate about

the company’s long-term vision

People

© 2011 Risk Management Solutions, Inc.

Value collegiality

and joyfulness

in our interactions

People

© 2011 Risk Management Solutions, Inc.

Value growth and competence

in ourselves and each other –

therefore,

we learn from and teach each other

People

© 2011 Risk Management Solutions, Inc.

We celebrate and enjoy both

the exhilaration of

and the uncertainties associated with

pursuing an innovative enterprise

People

© 2011 Risk Management Solutions, Inc.

We take our work seriously;

but, do not take ourselves too seriously;

we laugh with each other

People

© 2011 Risk Management Solutions, Inc.

Our colleagues are our network.

Therefore,

we strive to hire people who

share our values

and are better than us

and from whom we can learn

People

© 2011 Risk Management Solutions, Inc.

We value inspiration over management

People

© 2011 Risk Management Solutions, Inc.

Processes

© 2011 Risk Management Solutions, Inc.

Decision-making processes are

transparent and reasoned

Processes

© 2011 Risk Management Solutions, Inc.

Communication processes are

transparent and archived and

asynchronous and interrupt-free

Processes

© 2011 Risk Management Solutions, Inc.

We believe that

peer-accountability and

regular peer-review

drive quality

Processes

© 2011 Risk Management Solutions, Inc.

We believe that

trust and stakeholdership

for decision-making

can be earned and

must be earned and

should be eagerly sought after

Processes

© 2011 Risk Management Solutions, Inc.

We are a company engaged in

a convivial and passionate pursuit

of excellence,

for our people,

and across our products

and processes

Core Value Statement

© 2011 Risk Management Solutions, Inc.

Progress is

the addition of value,

both incremental and long-term,

for our people,

and across our products

and processes

Progress

© 2011 Risk Management Solutions, Inc.

conviviality kənˌvivēˈalədē/

the quality of being friendly and lively; friendliness.

synonyms: friendliness, geniality, affability, amiability,

warmth, cheerfulness, joviality, liveliness

collegiality kəˈlēj(ē)əl/ədē/

the relationship between colleagues explicitly united in a

common purpose and respecting each other's abilities to

work toward that purpose.

…values words

© 2011 Risk Management Solutions, Inc.

Why am I here?

Am I making a difference?

Am I having fun?

…ponder

© 2011 Risk Management Solutions, Inc.

https://www.linkedin.com/pulse/article/20140824235337-22330283-the-three-qualities-of-people-i-most-enjoy-working-with

http://www.slideshare.net/reed2001/culture-1798664

http://www.managementexchange.com/story/culture-eats-strategy

https://www.linkedin.com/pulse/article/20141028151414-2459096--almost-everything-we-think-about-managing-talent-is-wrong-here-s-why

http://www.forbes.com/sites/elainepofeldt/2014/09/20/the-winners-and-losers-in-reid-hoffmans-tour-of-duty-future/

http://hbr.org/2013/06/tours-of-duty-the-new-employer-employee-compact

http://www.businessinsider.com/management-advice-from-googles-eric-schmidt-how-google-works-2014-10

http://www.technologyreview.com/view/531911/isaac-asimov-asks-how-do-people-get-new-ideas/

https://www.linkedin.com/pulse/why-travis-ci-went-from-open-minimum-vacation-policy-mathias-meyer

Further Inspiration